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520 Lake Road

520 Lake Road, Dyersburg, TN 38024
Commercial in Dyer
Local assessors in Dyersburg, TN have categorized 520 Lake Road as a commercial type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 5,670 square feet. The linear feet between the front and back of the lot was measured at 630 ft and the front of the lot was measured at 900 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C-. The building has a rigid frame bar style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unfinished materials. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 520 Lake Road was last sold in Jul 10, 2014 for $120,000. According to our calculations, that's $77.92 per sqft. Prior to that sales transaction, the property was sold for $17,500 in Jan 1, 1970. Current property owners are expected to pay $2,039 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 520 Lake Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,560. To break that down further, the land itself was valued at $15,600. While improvements to the property were assessed at a total of $26,960. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1975
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: C-
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,670
  • Lot Size Depth Feet: 630
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.13
  • Standard Land Use Code: Auto repair, auto parts, garage
  • Legal Description 1: LAKE RD AMOCO

Ownership

  • Current Owner : GILLON BART
  • Previous Owner : ROBERTS GIBSON INC

Neighborhood

  • School District Name: Dyersburg City School District
  • School Tax School District: 23224
  • Census Tract: 964200

Geography

  • Assessors Map Reference: 088O
  • District: 04
  • Parcel: 023088O D 05000
  • Municipality: DYERSBURG
  • Latitude: 36.0375
  • Longitude: -89.393

    Address

  • Full Address: 520 Lake Rd
  • Address - House Number: 520
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Dyersburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 3815
  • Zip Code: 38024

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,039
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 23A01

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,693
  • First Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2023
  • First Open Lien Mortgage Loan Amount: $77,693
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 30, 2033

    Market Valuation

  • Market Total Value: $106,400
  • Market Land Value: $39,000
  • Market Improvement Value: $67,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,560
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $26,960

    Sales

  • Current Sale Contract Date: Jul 10, 2014
  • Current Sale Recording Date: Jul 10, 2014
  • Current Sale Transaction ID: 11444337545
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20142847
  • Previous Sale Recording Date: Apr 25, 1985
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JORDAN WILLIAM T JR
  • First Mortgage Transaction Date: Jul 10, 2014
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Dyersburg



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Frequently Asked Questions

What neighborhood is 520 Lake Road located in?
The 520 Lake Road is a commercial located in the neighborhood of Dyer in Dyersburg, Dyersburg.
What is the average sales price for listings in 520 Lake Road?
The average sales price for units in 520 Lake Road is $0 currently.

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